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Cheerwin Group Reports Strong 2024 Financial Results with Increased Revenue and Profit

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Cheerwin Group Reports Strong 2024 Financial Results with Increased Revenue and Profit

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Cheerwin Group Limited ( (HK:6601) ) just unveiled an update.

Cheerwin Group Limited announced its annual results for the year ended 31 December 2024, reporting a 12.7% increase in revenue to RMB1,820.1 million and a 13.0% rise in net profit to RMB195.2 million. The company attributed its growth to effective cost management, enhanced brand influence, and strategic channel development, particularly in e-commerce. The board declared a final dividend, bringing the total dividend payout ratio to approximately 80.0%.

More about Cheerwin Group Limited

Cheerwin Group Limited is a company incorporated in the Cayman Islands, operating in the consumer goods industry. It focuses on developing high-quality, sustainable channel marketing strategies, with a significant presence in both online and offline sales channels.

YTD Price Performance: 21.90%

Average Trading Volume: 1,990

Technical Sentiment Signal: Sell

Current Market Cap: €362M

Find detailed analytics on 6601 stock on TipRanks’ Stock Analysis page.

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